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20130117
20130125
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the president's desk he would not stand in the way of the bill becoming law. >> the bottom line, of course, is that having broken the link between specific spending cuts and specific dollar increase in the debt ceiling it becomes easier for congress to shift the fight over spending and taxes and revenue on to different ground. of course, the quester and the -- the continuing resolution to fund the government, but you're hearing some of both parties saying they might even accept the sequester. some of the stakes appear to be fading from these disagreements that paralyzed washington at the end of last year. >> when i heard this original deal profrksd i thought it was on the condition that the senate eventually congress had to actually pass a budget finally. >> that's still on the table. >> that is still on the table. a little bit less clear is the fate of the idea that somehow pay would be suspended for members of congress if they don't pass a budget. >> right. >> there are questions about the constitutionality of that provision, but the entire provision is to try to force the senate to forc
be on condition that the house and senate both passion a budget which they are supposed to do under law by that point anyway, and finally it would take an approach of no budget, no pay if the congress refused to do that. here's the response from senate democrats. they said, no, we will consider a clean debt limit extension without any conditions if the house sends us one, so they are trying to keep the pressure on. the white house says we're encouraged that republicans appear to be backing off their determination to hold the u.s. economy hostage to its budget plans. now, democrats are feeling like they are making progress now. the question is going to be can republicans push this through the house in order to put pressure on democrats to compromise on terms? one republican member told me this afternoon that this is -- this might fly, but it's something that was put together haphazardly. we've not done a whip count. this could turn into plan "b" for speaker boehner. that's what we're watching next week. the good news is for markets though. it does appear we're moving, if not steadily, ma
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